Monday, October 31, 2011

Real estate round-up: October 31

Check in every business day for the latest edition of Real Estate Round-up, where we post a list of our favorite real estate news stories from DC and beyond.

Headlines from the DC Metro Area:

One million new jobs means DC needs more housing
DC Urban Turf

A report, which can be found here, estimates that the region as a whole will need to build as many as 731,000 new units to house the workers � 211,000 units in suburban Maryland, 392,000 in Northern Virginia and 122,000 in the District.

A map of architecturally impressive DC homes
Curbed DC

Your guide to fifteen of the best looking houses we could find in a handy map so you can drive/walk/bike around to see them yourself.

Keep your feelings out of contracts
Washington Post

When a contract comes up, many homeowners have a hard time saying that they want to have a lawyer look at it first.

National real estate news stories:

Loan limit battle looms for house Republicans
Wall Street Journal

The issue puts House Republicans in a tough spot: Lawmakers campaigned last year to end federal bailouts, including the rescue of Fannie Mae and Freddie Mac. But many lawmakers, particularly Republicans in California and New York, face pressure from real estate agents and mortgage lenders in their districts, who have been hit hard by the real estate downturn.

Pending home sales index rises from one year ago
Inman News

Third-quarter data showed a 2.5 percent rise in GDP, compared with 1.3 percent in the second quarter. NAR expects U.S. GDP growth of 1.8 percent for the full year in 2011, with 2.3 percent GDP growth in 2012.

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